Ethiopian Business Review

In recent years, Africa has become the newest frontier for automotive companies from all over the world. Once majorly occupied by Chinese car manufacturers such as Hafei and Geely, Africa is now hosting car makers from Europe and the United States, including BMW, Volkwagen and Ford, all of whom are building production plants on the continent. EBR’s Ashenafi Endale explores the factors behind Africa’s automotive boom and what Ethiopia’s role as an auto manufacturing base.

Wednesday, 15 May 2019 03:00
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Samrawit Fikru is the creator of Hybrid Design, a company behind the most popular taxi hailing app in Ethiopia, Ride. Samrawit is always trying to identify problems and respond accordingly. It was likely this quality that was the key to her success. Transformed from an SMS-based on demand service to a mobile app, Ride is now used by more than 1,300 drivers and has been downloaded over 50,000 times. EBR’s Samson Berhane sat down with the 29 year old entrepreneur to learn about her journey to success and the challenges she has faced so far.

Monday, 15 April 2019 03:00
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For many female entrepreneurs in Ethiopia, starting and running a business is a very challenging prospect. One of the biggest issues facing women in Ethiopia is access to finance. Traditional loan models rely on collateral and credit histories, which many women do not have. However, some new investment models have arisen, including angel investing, which involves investors, sometimes in foreign countries, investing in small and medium enterprises in developing countries, sometimes for a small cut of the company. EBR’s Ashenafi Endale explored this new avenue for women to start their businesses.

Monday, 15 April 2019 00:00
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